Automotive Interior Ambient Lighting Market 2018 Global Industry Forecast To 2023: Size, Share, Key Players, and Trends Analysis

Automotive Interior Ambient Lighting Market to grow at CAGR of 6% within forecast period of 2018 to 2023. This Global Automotive Interior Ambient Lighting Market growth is attributed to sales on new vehicles, strict government’s regulations for driver’s safety and technological advancements. The global automotive interior ambient lighting market has witnessed major evolutions in last few years which is major factors responsible for market growth. This study of 98 pages describes Automotive Interior Ambient Lighting Market Information by Product Type (Dashboard Lights, Ambient Lighting, Head-up Display, Reading Lights and Others), By Technology (Halogen, LED and Xenon) By Vehicle Type (Passenger Vehicles and Commercial Vehicles) and By Region.

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Major Players Analyzed In Study Are: Hella KGaA Hueck & Co (Germany), Koito Manufacturing Co., Ltd. (Japan), Federal-Mogul Corporation (U.S.), GE Lighting (U.S.), OSRAM Licht AG (Germany), Magneti Marelli S.p.A (Italy), Grupo Antolin (Spain), Valeo (France), Zizala Lichtsysteme GmbH (Austria), Ichikoh Industries, Ltd. (Japan), Stanley Electric Co., Ltd. (Japan), OSRAM Licht AG (Germany) and others.

Market Scenario:

The automotive interior ambient lighting is the use of lights inside a vehicle for supporting visibility inside the automotive, particularly at times of darkness. The ambient lighting guarantees that the interior is comparatively more aesthetic and the in-cabin of automotive seems to be more spacious with the use of interior ambient lighting. The lightings are used extensively as a measure for driver safety as it ensures greater visibility of dashboard, and is extensively used by manufacturers of four wheelers for differentiating their product.  The demand for interior lighting from automotive industry is also increasing significantly owing to factors such as growth in the sales on new automotive, introduction of strict government regulations for ensuring the driver’s safety and technological advancements in the manufacturing of interior ambient lighting.

Market Research Analysis:

The global automotive interior ambient lighting market is being majorly driven by the increased popularity of ambient lightings. Ambient lighting products comprises products such as light rings, diffuser lenses and LED pin spot lights, which are extensively used in interior components such as door panels, instrument panels and seat frames. The use of this interior ambient lighting gives a pleasing effect to the driver and facilitates improved functionality and comfort, thereby illuminating necessary functions to be performed in dark.

Developing nations such as China, India, Thailand, and Indonesia are becoming manufacturing hubs for global automotive players. With the increasing prosperity in the emerging economies, large number of people are able to afford their own personal vehicle with advanced features, which is driving many manufacturers to enter in the automotive interior ambient lighting market. 

Regional Analysis:

The market has been segmented in the regions of North America, Asia-Pacific, Europe and Rest of the World.  The Asia-Pacific region is projected to grow with the maximum CAGR during the forecast period owing to the enormous adoption of interior lighting in the passenger cars by automotive manufacturers of the developing nations such as India and China. The existence of large number of fragmented automotive ambient lighting manufacturers in the region is also driving the growth of the market in the Asia Pacific region. 

North America accounted for the largest market share followed by Europe and Asia Pacific. In the North America and Europe region, the OEM’s have started installing the interior ambient lightings, which is driving the growth of the market. The existence of large number of aftermarket lighting system manufacturers is also supporting towards the growth of the market.

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